Chat archive · 2017-08
dc101 · Fri Aug 18, 2017 11:19 PM UTC · #16997
wow you got l3+ for only $1300?
wisdomofsol · Fri Aug 18, 2017 11:19 PM UTC · #16999
yea...i thought everybody did who ordered from bitmain
dc101 · Fri Aug 18, 2017 11:20 PM UTC · #17002
I bought the October Batch, $1730 USD
nimbus · Fri Aug 18, 2017 11:20 PM UTC · #17003
thats good . So what is your offer for couple ?
vhmanu · Fri Aug 18, 2017 11:21 PM UTC · #17004
pretty sure my may batch L3+ were ~14xx with PSU. I’m too lazy to check
wisdomofsol · Fri Aug 18, 2017 11:22 PM UTC · #17006
yea i bought my 3rd miner for mid September delivery for 40 LTC when LTC was like $48 USD, that one smarts a little but im still glad i’ll have more hashing power next month. others were for 1 BTC when BTC was like 1300ish
nimbus · Fri Aug 18, 2017 11:22 PM UTC · #17007
idk really but what about £3000
Raab · Fri Aug 18, 2017 11:22 PM UTC · #17008
nimbus wrote: huh didnt read message talking to me? Confused
nimbus · Fri Aug 18, 2017 11:23 PM UTC · #17009
Raab wrote: nimbus wrote: huh didnt read message talking to me? Confused yes you
dc101 · Fri Aug 18, 2017 11:24 PM UTC · #17010
I was started mining about 2 weeks ago and very happy with l3+ hopefully diff don’t go up much on Sept batch
nimbus · Fri Aug 18, 2017 11:25 PM UTC · #17012
somebody said they sold 50k L+3
dc101 · Fri Aug 18, 2017 11:25 PM UTC · #17013
from what I am understanding after watching some youtube... if diff goes up, coin price go up? thanks
wisdomofsol · Fri Aug 18, 2017 11:25 PM UTC · #17014
yea but not right away, month or 2 later
Raab · Fri Aug 18, 2017 11:26 PM UTC · #17016
Can be relative... Depends what your getting paid out in.
Raab · Fri Aug 18, 2017 11:27 PM UTC · #17017
0.158 down again... Mental.
dc101 · Fri Aug 18, 2017 11:27 PM UTC · #17018
yeah just saw the Bitcoin Cash going down
wisdomofsol · Fri Aug 18, 2017 11:27 PM UTC · #17019
im just excited im still on pace for a 1 month ROI on my miners, thanks to steve and chris
dc101 · Fri Aug 18, 2017 11:27 PM UTC · #17020
I was about to change my BTH to BTC when it almost hit $800
dc101 · Fri Aug 18, 2017 11:28 PM UTC · #17021
but too late it is going down
dc101 · Fri Aug 18, 2017 11:28 PM UTC · #17022
yeah with $1300 per miner you have nothing to worry about..
dc101 · Fri Aug 18, 2017 11:30 PM UTC · #17023
Friday night nobody going out?
Raab · Fri Aug 18, 2017 11:31 PM UTC · #17024
Been out, back. Got a mates wedding tomorrow so not hungover for that!
wisdomofsol · Fri Aug 18, 2017 11:32 PM UTC · #17025
Raab wrote: 0.158 down again... Mental. did u buy back?
Raab · Fri Aug 18, 2017 11:35 PM UTC · #17026
Nop not yet. All my decisions are shit ones. All they have done so far is lose me money... Im taking your advice :p
dc101 · Fri Aug 18, 2017 11:39 PM UTC · #17027
me too, I never win in gamble whenever I bet something, my friend do the opposite
wisdomofsol · Fri Aug 18, 2017 11:43 PM UTC · #17028
when you see more than 4 green bars, you sell, when you see more than 4 red bars you buy, only buy on red bars and only sell on green ones.
dc101 · Fri Aug 18, 2017 11:44 PM UTC · #17029
where is the green and red bar you are talking about ? thanks
Raab · Fri Aug 18, 2017 11:45 PM UTC · #17032
How big do the bars have to be? Ha
wisdomofsol · Fri Aug 18, 2017 11:47 PM UTC · #17034
the bigger the bar the stronger the impetus to either buy or sell based on what i said below
dc101 · Fri Aug 18, 2017 11:47 PM UTC · #17035
let me take a close look tonight and try to do your advise
wisdomofsol · Fri Aug 18, 2017 11:48 PM UTC · #17036
i move from coin to coin looking for indications to buy or sell
Raab · Fri Aug 18, 2017 11:49 PM UTC · #17037
So I've just looked at ark. 3 bars down, green just started...
FRISKIE · Fri Aug 18, 2017 11:58 PM UTC · #17039
@ wisdomofsol - nice simple guidance, well done
FRISKIE · Sat Aug 19, 2017 12:00 AM UTC · #17040
Why 3 bars? The bars are taken from a plot of the price rising or falling over time
Raab · Sat Aug 19, 2017 12:01 AM UTC · #17041
Yea get that, but why move on 3 bars? Not 4 or 2?
FRISKIE · Sat Aug 19, 2017 12:01 AM UTC · #17042
Or at least that is the correlation you would see if you looked at price of a coin or token over time, and compare to the bars, the longer a trend is sustained, the more bars of that color will appear
FRISKIE · Sat Aug 19, 2017 12:03 AM UTC · #17043
I would say that’s his preference, and the formula he’s found to work best, and likely it’s also the guidance given from the others who watch trens, patterns and base their buying and selling on those patterns
FRISKIE · Sat Aug 19, 2017 12:05 AM UTC · #17044
It will never be foolproof of course, and if I would see 4 green bars for instance and had not already sold, I’d probably be selling, expecting that the price rise is ready any time for a downturn
dc101 · Sat Aug 19, 2017 12:07 AM UTC · #17046
Raab... I think he said 4 bars not 3 bars
FRISKIE · Sat Aug 19, 2017 12:07 AM UTC · #17047
It comes from @wisdomofsol
I dont really watch bars on the graphs . . but I think I will start now
wisdomofsol · Sat Aug 19, 2017 12:09 AM UTC · #17049
3 or 4 bars there is no hard and fast rule, it was more of an example, but yea its about what are called inflection points in calculus
FRISKIE · Sat Aug 19, 2017 12:09 AM UTC · #17050
@Raab - just think of it as trying to judge when the price rise is just about completed, so you can sell and take your profits, and trying to judge when the dropping prices have just about hit bottom, so you can buy again at a bargain - the bars provide a good visual aid for that
wisdomofsol · Sat Aug 19, 2017 12:10 AM UTC · #17051
also depends on what timeframe the bars are set to, each bar could also represent 5, 15, 30,60 or 240 mins
wisdomofsol · Sat Aug 19, 2017 12:11 AM UTC · #17054
trend lines and fib levels as well as 34/13 macd indicators are key technical analysis tools to understand and utilize when trading.
wisdomofsol · Sat Aug 19, 2017 12:12 AM UTC · #17055
bittrex gives you all the tools to trade successfully if you learn how to use them properly.
Raab · Sat Aug 19, 2017 12:12 AM UTC · #17056
Would have bought back in again at 0.156 wisdom :p
Raab · Sat Aug 19, 2017 12:14 AM UTC · #17057
Yea. Need to look into it more really. Thanks for the help. And yea friskie, get the idea! But just shit at it so far! Ha
FRISKIE · Sat Aug 19, 2017 12:14 AM UTC · #17058
@wisdom - and good "how to" resources for beginners to get a basic understanding?
wisdomofsol · Sat Aug 19, 2017 12:14 AM UTC · #17059
oh yea, i sit in front of the computer all day buying and selling
FRISKIE · Sat Aug 19, 2017 12:15 AM UTC · #17060
I understand the general logic of it all, but not well enough to mix it up and be profitable
FRISKIE · Sat Aug 19, 2017 12:15 AM UTC · #17061
@ Raab - you’re not alone there mate
dc101 · Sat Aug 19, 2017 12:16 AM UTC · #17066
I don’t think I be able to do it
wisdomofsol · Sat Aug 19, 2017 12:16 AM UTC · #17068
for 13/34 macd intersections
dc101 · Sat Aug 19, 2017 12:16 AM UTC · #17069
what about this when you sell something can you let us know
Raab · Sat Aug 19, 2017 12:16 AM UTC · #17070
Will watch that tomorrow
dc101 · Sat Aug 19, 2017 12:16 AM UTC · #17071
and when you buy something inform us
wisdomofsol · Sat Aug 19, 2017 12:17 AM UTC · #17073
theres tons of others, check out node investor on youtube
FRISKIE · Sat Aug 19, 2017 12:17 AM UTC · #17074
Excellent, I will start with those, much appreciated!
wisdomofsol · Sat Aug 19, 2017 12:17 AM UTC · #17075
just for wait for Raab to announce he’s selling something and then buy coins he’s selling!!!
wisdomofsol · Sat Aug 19, 2017 12:18 AM UTC · #17076
i owe a lot to that dude in the videos, even with just the 34/13 stuff you can improve your trading
dc101 · Sat Aug 19, 2017 12:19 AM UTC · #17077
I’ll save these video and watch it tonight
Raab · Sat Aug 19, 2017 12:19 AM UTC · #17078
I'm not going to do anything any more.... Ha. Wait till you say!
wisdomofsol · Sat Aug 19, 2017 12:19 AM UTC · #17079
nah its easy just check the videos out and do a little reasearch, crypto currency moves in a very technical manner
wisdomofsol · Sat Aug 19, 2017 12:20 AM UTC · #17080
i assume it helps i have taken advanced math classes, but the guy in the video was packing boxes in a factory back in march making videos about trading
Raab · Sat Aug 19, 2017 12:20 AM UTC · #17081
Well until I've done a bit me research
wisdomofsol · Sat Aug 19, 2017 12:20 AM UTC · #17082
so you def dont need an advanced degree to understand the fundamentals
FRISKIE · Sat Aug 19, 2017 12:21 AM UTC · #17084
If you say it’s true, I’ll be more encouraged then - I do see a lot of non-technical emotional driven movement in there too, and pronounced by the relatively small size of the market, but I’m sure there are underlying patterns that lend themselves to analysis
dc101 · Sat Aug 19, 2017 12:21 AM UTC · #17085
haha very impress that you still can remember those calculus thing
wisdomofsol · Sat Aug 19, 2017 12:22 AM UTC · #17086
node investor’s channel is called "emotionless crypto trading"
FRISKIE · Sat Aug 19, 2017 12:22 AM UTC · #17087
Sunds likeLooking forward, and thanks for the recommendation!
wisdomofsol · Sat Aug 19, 2017 12:22 AM UTC · #17088
i feel like trading is the ultimate real world use case for all the calculus i learned
FRISKIE · Sat Aug 19, 2017 12:23 AM UTC · #17089
Oops, battery dying in my keyboard
wisdomofsol · Sat Aug 19, 2017 12:23 AM UTC · #17090
basically, whatever your emotions tell you to do, do the opposite, and learn those things from the video and you will be golden
dc101 · Sat Aug 19, 2017 12:25 AM UTC · #17092
let me try to apply it also if I can remember any
very thanks for your advise, I’ll watch the video and maybe try to do some gamble tomorrow
wisdomofsol · Sat Aug 19, 2017 12:25 AM UTC · #17093
and check out 4chan.org/biz i got put on bitbean pump when it was @ 8 satoshis there made over like rover when it hit 125
Raab · Sat Aug 19, 2017 12:26 AM UTC · #17094
You been quite profitable then wisdom?
wisdomofsol · Sat Aug 19, 2017 12:26 AM UTC · #17095
@dc101 : most of the time when i keep only a few coins like btc, ltc, dash... when i buy a coin to trade i watch it like a hawk and rarely go to sleep holding it.